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    The Fountains At Palomar Lexington, KY 40513

    Sponsored
    For Lease
    $3 SF/Yr

    Prime Lexington location, flexible space available.

    Lot size:
    52,272 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Fountains at Palomar presents a unique investment opportunity in Lexington, Kentucky's desirable 40513 zip code. This exceptional commercial property, situated at the high-traffic intersection of Man o' War Boulevard and Harrodsburg Road, offers a range of possibilities for retail and restaurant businesses. The site encompasses 16.25 acres and is categorized as an outparcel/pad development, providing excellent visibility and accessibility. Multiple tenancy options are available, with spaces ranging from a minimum of 1,900 square feet to a maximum contiguous space of 50,000 square feet. This flexibility allows for businesses of various sizes and needs to find a suitable fit within this thriving commercial center. The property is zoned for retail, restaurant, and land use, offering diverse development potential. Its location within the prestigious 40513 zip code ensures high foot traffic and exposure to a significant consumer base. This is an exceptional chance to establish a presence in a prime Lexington location with significant growth potential. The property's size and zoning make it ideal for a variety of commercial ventures, from smaller retail shops to larger restaurant concepts. Interested parties are encouraged to explore the possibilities this exceptional property offers. The total land area provides ample space for development and expansion.

    Property Features for 0 The Fountains At Palomar

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,272 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    52,272 SF
    Rate per SF
    $140,000

    HighLights

    • High‑visibility corner location at Man O' War Blvd and Harrodsburg Rd.
    • Over 111,000 square feet of retail space.
    • Five‑minute proximity to Blue Grass Airport and Keeneland Race Course.
    • Pedestrian and bicycle‑friendly design.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5811717
    Latitude
    38.0033388

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    FAQs

    What type of property is this?
    Restaurant - Prime Lexington location, flexible space available.
    Where is this restaurant located?
    The property is located at The Fountains At Palomar Lexington, KY.
    What is the lease rate?
    The lease rate is $140,000.
    What are key features of this property?
    This property features: High-visibility corner location at Man O' War Blvd and Harrodsburg Rd.; Over 111,000 square feet of retail space.; Five-minute proximity to Blue Grass Airport and Keeneland Race Course.
    Request Owner's contact information
    The Fountains At Palomar Lexington, KY 40513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    The Fountains At Palomar Lexington, KY 40513
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